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UK

Insolvency law change could add to COVID debt fears...

An imminent change to insolvency law and a predicted increase in COVID-19-related business failures could significantly impact the cost and availability of credit insurance, the specialist cover specifically designed to protect against bad debt. That’s the warning from RBIG Corporate...

#HMRC#insolvencies#insolvency

UK government extends Covid-19 support schemes ahead of lockdown

The government has extended applications for its Covid-19 support schemes and the future fund to 31 January 2021 ahead of…

#bank#British business#commercial finance


British Arab Commercial Bank appoints new Chief Executive...

British Arab Commercial Bank (BACB) announces the appointment of... (more…)

#BACB#British Arab Commercial Bank


Leumi UK appoints new CEO

Multi-specialist bank Leumi UK has announced the appointment of ... (more…)

#Leumi


Aceo secures £15m ABL deal for expansion

Aceo, a supplier of cask and bottled whisky, has secured a £15m asset based lending... (more…)

#funding#international#working capital


Brexit uncertainty creates increase in trade fraud

As Brexit’s final transition date edges closer... (more…)

#trade fraud


Blackstar Capital makes senior appointments

Blackstart Capital confirmed the appointment of Simon Smart to the role of Head of credit and Special Situations and James…

#Blackstar Capital


Arbuthnot Commercial ABL passes £200m milestone

Arbuthnot Commercial Asset Based Lending (ABL) has reached its £200m... (more…)

#Arbuthnot Commercial ABL


New CEO appointed at Optimum Finance to succeed late...

A new chief executive has been appointed at invoice finance provider... (more…)

#Optimum Finance


BMF urges the Government to extend trade credit insurance...

The Government re-insurance scheme has helped merchants to access the appropriate level of trade credit insurance to operate their businesses…

#COVID-19#guarantee#trade


Two in five UK SMEs anticipate losses this year

Two in five small and medium-sized enterprises (SMEs) anticipate chalking up... (more…)

#Coronavirus#COVID-19#e-commerce


Leumi ABL provides £17m ABL facility

Leumi ABL has provided a £17m facility to ... (more…)

#Leumi ABL

UK credit rating downgraded by Moody’s amid growth concerns

Credit ratings agency Moody’s has downgraded Britain’s credit status, citing a decline in... (more…)

#Coronavirus#interest rates#international

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